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What is LUT in GST? A Complete Guide to GST Filing, Compliance & Exemptions
Introduction: The Goods and Services Tax (GST) has significantly transformed India’s tax structure, streamlining indirect taxation and ensuring compliance across industries. For businesses engaged in exports, navigating GST compliance can be challenging, especially when dealing with tax exemptions and refunds. One crucial provision that helps exporters is the Letter of Undertaking (LUT). But what is […]
Priyanka
February 12, 2025 at 01:40 PM

GST on Catering Services: Tax Rates and Compliance
Introduction The Goods and Services Tax (GST) system has brought significant changes to India’s indirect tax structure. By replacing numerous state and central taxes, it simplified the taxation system but also introduced a new level of complexity that businesses need to understand. For catering service providers, this means understanding how GST applies to the diverse […]
Manikuntala
February 12, 2025 at 01:07 PM

GST on Apartments: Applicability and Compliance
Introduction Goods and Services Tax (GST) was introduced to simplify the indirect taxation system and create uniformity in the tax structure. In the realm of real estate, GST has significantly impacted various aspects, including the construction, sale, rental, and maintenance of residential apartments. With GST now applicable to many areas of real estate transactions, apartment […]
Manikuntala
February 12, 2025 at 01:05 PM

What is a Works Contract Under GST? A Detailed Guide
Introduction India’s Goods and Services Tax (GST) regime has brought transformative changes to the taxation system, simplifying processes for businesses across sectors. Among the various sectors affected by GST, the construction and contracting industry has seen one of the most significant shifts. A major concept under GST for contractors is the works contract under GST, […]
Ali Sherwani
February 12, 2025 at 01:00 PM

What is HSN Code in GST & Why is it Important?
Introduction HSN (Harmonized System of Nomenclature) codes have been an essential element in international trade for decades. However, in India, their significance has grown significantly with the introduction of the Goods and Services Tax (GST) regime. Every business dealing in goods must classify its products under the correct HSN code to ensure seamless GST compliance. […]
Ali Sherwani
February 12, 2025 at 12:42 PM

What is GST on Gold? Complete Guide to GST Rates, Filing & Compliance
Introduction Gold has long been a treasured commodity in India, deeply embedded in cultural traditions, investment strategies, and economic transactions. Whether used as a form of savings, adornment, or an asset, gold plays a crucial role in the Indian market. However, taxation policies have significantly evolved over the years, especially with the introduction of the […]
Vanshika
February 12, 2025 at 12:39 PM

How to File Quarterly GST Returns in India: A Complete Guide
Introduction Picture this: You’re a Jaipur-based handicraft seller juggling Diwali orders, inventory checks, and monthly GST filings. By the time you finish GSTR-3B, it’s already the 20th—cue late fees and panic. Enter quarterly GST returns, the government’s gift to small businesses drowning in compliance. In 2023, 63% of SMEs switched to quarterly filing, slashing compliance […]
Riddhima Singh
February 12, 2025 at 07:45 AM

FSSAI FBO Search: How to Verify an FBO License & Ensure Compliance
Easily verify the registration and licensing details of Food Business Operators (FBOs) using the FSSAI portal.
Vanshika
February 12, 2025 at 07:10 AM

Is PPF Interest Taxable? Everything You Need to Know About PPF Accounts
Introduction Ever dreamt of a savings option that offers security, tax benefits, and steady growth—all backed by the government? Look no further than the Public Provident Fund (PPF), a time-tested investment tool designed to help individuals build wealth while enjoying tax-free returns. Whether you are a salaried employee, a self-employed professional, or a business owner, […]
#Business#PPF#Tax
Riddhima Singh
February 12, 2025 at 06:49 AM

Karnataka GST Number Guide: Everything You Need to Know
Get your Karnataka GST Number easily with RegisterKaro. Learn about GST registration, compliance, and rates in this detailed guide.
Riddhima Singh
February 10, 2025 at 12:52 PM